WMT - Forget Coca-Cola: These 3 Stocks Are Much Smarter Buys
2023-12-01 05:35:00 ET
Coca-Cola (NYSE: KO) is a dominant business that has unfortunately delivered less-than-sparkling returns for investors of late. The beverage giant's shares underperformed the market over the past three years despite Coke's ability to boost annual sales and earnings in that time.
Investors are worried about structural pressures on Coke's core business as demand slowly shifts away from traditional sodas. If that's your concern, I have three excellent alternatives to consider. Read on for a few reasons to like McDonald's (NYSE: MCD) , Walmart (NYSE: WMT) , and PepsiCo (NASDAQ: PEP) as potentially better stalwart dividend investments.
One of the best reasons to like Coca-Cola stock is the company's market-leading profit margin. Its dominant position in a massive global industry allows it to earn multiples of what its smaller rivals can expect, after all.
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Forget Coca-Cola: These 3 Stocks Are Much Smarter Buys